Upload
others
View
3
Download
0
Embed Size (px)
Citation preview
Intro to Clearway &Illinois Community Solar
2Proprietary and Confidential Information
Clearway is one of the largest renewable energy companies in the United States.
About Clearway Energy Group
www.clearwayenergygroup.com
Origination DevelopmentEngineering, Procurement &
Construction ManagementProject Finance Commercial Operations
Clearway participates in every stage of the life-cycle of our projects from origination through operations
4.1 GWIn Operation
9 GWIn Development
6Major U.S. Offices
600Employees
$6 BNCapital Raised
2.8 GW Wind
1.1 GW Solar
300 MW Community
& Distributed Solar
6 Office Locations
Operating Footprint:
3Proprietary and Confidential Information
How Community Solar Works
Source: Vote Solar, Community Solar from the Customer Perspective
Community Solar allows municipal, commercial, and residential consumers the
opportunity to receive power from a solar project within their community, without
the complexity of installing modules on their own property.
SUBSCRIBER/CUSTOMER
COMMUNITY SOLAR PROVIDERUTILITY
Money
Electricity
Customers signs a contract
with the Community Solar
Provider.
1Customer pays for
subscription either
monthly, or in one
time, upfront
payment for their
share in the
community solar
facility.
2Clean, renewable electricity is
produced by a locally-sited
community array. This
electricity is delivered to the
utility’s distributed grid.
3
Customers
continue their
regular electric
utility service.
4
In exchange for a
subscription in a community
solar array, the utility
provides a customer credit
for the electricity produced
by their share of the
community solar. 5
4Proprietary and Confidential Information
Community Solar Experience
Clearway operates the largest fleet of Community Solar projects in the US.
Asset Portfolio
Minnesota
76
MW
Colorado
9MW
Massachusetts
74 MW
New York
47 MWUNDER
CONSTRUCTION
Illinois
IN
DEVELOPMENT
Source: https://pv-magazine-usa.com/2017/05/16/nrg-adds-32-mw-of-community-solar-to-minnesota-portfolio/
5Proprietary and Confidential Information
BACKGROUND: In December 2016, Illinois enacted the Future Energy Jobs Act (FEJA) which, among other things, implemented a revised
Renewable Portfolio Standard with a Community Solar carve-out. In September 2017, the Long Term Renewable Resource Procurement Plan
(“LTRRPP”) established the Community Solar program and bill credit incentive. The IL Commerce Commission issued an order confirming LTRRPP
in April 2018. The program officially opened in April of 2019, when projects were selected as part of the IL Adjustable Block Lottery Process.
Illinois Community Solar Overview
CUSTOMER ELIGIBILITY
• Subscriber must be in same utility service territory
as project
• Subscriber can take up to 40% of a single project,
but can subscribe to an unlimited # of projects
• Customer can subscribe up to 100% of total kWh
usage
BENEFITS
• No upfront cost
• Low price risk
• No interruption to facilities/business operations
• Flexibility to reallocate subscriptions
• Supporting IL solar initiatives & local community
• Savings from year 1
The IL CS bill credit value is based off of the subscriber’s energy supply rate.
If the customer takes electric supply from their utility (Ameren/ComEd), the
credit value is based on energy supply rate in their utility tariff. If the
customer uses an Alternative Retail Electric Supplier (ARES), then the bill
credit value can fluctuate as the supply contract is renegotiated. Ultimately,
the supply rate will tied to the hourly Locational Marginal Price (LMP).
6Proprietary and Confidential Information
Clearway Projects in Development
Cameron Solar
Location▪ Intersection of West Plank Road and South Cameron Lane, Limestone
Township, Peoria County
Size ▪ 2.6 MWdc / 2.0 MWac
Utility ▪ Ameren
Commercial Operation ▪ Q4 2020
Sparland Solar
Location ▪ Route 17 near Sparland, Marshall County
Size ▪ 2.6 MWdc / 2.0 MWac
Utility ▪ Ameren
Commercial Operation ▪ Q4 2020
Hurricane Creek Solar
Location ▪ Carterville, Williamson County
Size ▪ 2.6 MWdc / 2.0 MWac
Utility ▪ Ameren
Commercial Operation ▪ Q3 2020
Brush Creek I
Location ▪ Route 26 North, Town of Orangeville, Stephenson County
Size ▪ 2.7 MWdc / 2.0 Mwac
Utility ▪ ComEd
Commercial Operation ▪ Q3 2020
Thank You